Invitation Home $INVH Shares Sold by Magnetar Financial LLC

Magnetar Financial LLC cut its holdings in shares of Invitation Home (NYSE:INVH) by 12.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 243,169 shares of the company’s stock after selling 34,781 shares during the period. Magnetar Financial LLC’s holdings in Invitation Home were worth $7,132,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new stake in Invitation Home in the second quarter valued at $1,693,992,000. AQR Capital Management LLC raised its stake in shares of Invitation Home by 2,205.3% in the 2nd quarter. AQR Capital Management LLC now owns 1,715,777 shares of the company’s stock valued at $56,277,000 after purchasing an additional 1,641,351 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Invitation Home by 28.3% during the third quarter. JPMorgan Chase & Co. now owns 6,884,278 shares of the company’s stock worth $201,920,000 after purchasing an additional 1,516,886 shares during the last quarter. First Trust Advisors LP grew its stake in Invitation Home by 1,556.8% in the second quarter. First Trust Advisors LP now owns 1,460,638 shares of the company’s stock worth $47,909,000 after purchasing an additional 1,372,478 shares in the last quarter. Finally, Barclays PLC increased its holdings in Invitation Home by 98.9% in the third quarter. Barclays PLC now owns 2,657,290 shares of the company’s stock valued at $77,938,000 after buying an additional 1,321,292 shares during the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

Invitation Home Stock Down 0.8%

INVH stock opened at $25.76 on Wednesday. The stock has a market cap of $15.70 billion, a PE ratio of 26.83, a price-to-earnings-growth ratio of 2.77 and a beta of 0.83. The firm’s 50-day simple moving average is $26.68 and its 200 day simple moving average is $27.88. Invitation Home has a fifty-two week low of $25.21 and a fifty-two week high of $35.80. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.44.

Invitation Home (NYSE:INVH) last posted its earnings results on Wednesday, February 18th. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.21). The firm had revenue of $685.25 million during the quarter, compared to the consensus estimate of $683.00 million. Invitation Home had a return on equity of 6.24% and a net margin of 21.53%.Invitation Home’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter last year, the company posted $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, sell-side analysts predict that Invitation Home will post 1.83 EPS for the current year.

Invitation Home Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Tuesday, December 23rd were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This is a positive change from Invitation Home’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a dividend yield of 4.7%. Invitation Home’s dividend payout ratio (DPR) is currently 125.00%.

Analyst Upgrades and Downgrades

INVH has been the subject of several research reports. Royal Bank Of Canada decreased their target price on Invitation Home from $30.00 to $29.00 and set a “sector perform” rating for the company in a research report on Friday, February 20th. Mizuho reiterated a “neutral” rating and set a $27.00 target price (down from $30.00) on shares of Invitation Home in a research note on Thursday, January 8th. Wall Street Zen downgraded shares of Invitation Home from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. UBS Group set a $40.00 price objective on shares of Invitation Home in a research report on Wednesday, January 21st. Finally, Oppenheimer cut their target price on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $32.94.

About Invitation Home

Invitation Homes (NYSE: INVH) is a real estate investment trust that specializes in the ownership, operation and leasing of single-family rental homes across the United States. The company focuses on acquiring suburban and urban-adjacent single-family residences and managing them as rental properties for households seeking professionally managed, long-term housing alternatives to traditional homeownership or multifamily rentals.

Operationally, Invitation Homes is involved in the full lifecycle of the single-family rental business: sourcing and acquiring homes, performing renovations and ongoing maintenance, marketing and leasing properties, and providing property management and resident services.